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Ripple Plans to Advance XRP Ledger Post-Quantum Upgrade in Phases

Ripple stated that it is developing a long-term upgrade plan for the XRP Ledger to address the threat of quantum computing, aiming to prevent future quantum computers from potentially breaking existing cryptographic mechanisms and exposing private keys. The plan consists of four phases, including assessing network risks, testing post-quantum cryptography solutions, running existing security mechanisms alongside post-quantum alternatives in parallel, and initiating a complete network migration when necessary.

OpenAI Plans to End Partnership with Cursor, Direct Model Access May Terminate on November 12

OpenAI stated that it plans to end its partnership with Cursor following its acquisition by SpaceX. Under OpenAI's plan, Cursor's direct access to OpenAI models will be terminated on November 12. OpenAI noted that developers relying on OpenAI models within Cursor will be the most affected, and stated that it will provide support during the transition period.

Avici: Solana Card Contract Vulnerability Affects Approximately $500,900 in Card Balances; Affected Users Will Receive Full Refunds

Avici stated that its card-issuing partner, Rain, discovered a vulnerability in a specific version of the Solana card contract used by Avici and a few other projects. The relevant contracts have since been upgraded, and no further unauthorized activity has been detected to date. Avici clarified that user wallets and card balances are independent, meaning funds in Solana and EVM wallets remain unaffected; this incident only impacted the isolated Solana contract designated for storing card balances. Current reconciliations indicate that 1,685 users were affected, involving card balances totaling $500,859.22. All affected users will receive full refunds.

Blue Owl Leads $2.4 Billion Debt Financing for Iren to Purchase NVIDIA Blackwell Ultra GPUs

According to Bloomberg, a fund under Blue Owl Capital led a $2.4 billion debt financing to support cloud computing provider Iren’s purchase of Nvidia Blackwell Ultra GPUs for its Canadian data center campus. The financing consists of a $1.2 billion senior secured term loan and an equal amount of senior secured notes, with a structure that allows Iren to procure the equipment in phases over a set period. Pacific Investment Management Company is also one of the guarantors for the financing. Documents show the facility carries a 9% interest rate and has a tenor of two and a half years.

HyperliquidNews Releases On-Chain Wallet Monitoring Page

Odaily News, According to monitoring by HyperliquidNews, an on-chain data monitoring page for a certain address has been released.

Revolut rolls out euro stablecoin EURR in phases, ECB emphasizes privacy protection for digital euro

Odaily News The digital euro, issued by the European Central Bank (ECB) and representing public money, is still in the development stage; EURR, on the other hand, is a stablecoin issued by a private institution designed to maintain a value of 1 euro. Both are aimed at meeting the demand for instant fund transfers within digital platforms.Fintech company Revolut has begun a phased rollout of its euro stablecoin EURR to eligible users in Denmark, Poland, and Portugal, with plans to expand to the European Economic Area in the future. EURR is deployed on the Ethereum network and can be used for on-chain transfers between fiat currencies, crypto assets, external wallets, and supported blockchain networks.EURR is issued by Bridge Building, a Stripe-owned company, rather than directly by Revolut. Piero Cipollone, a member of the ECB's Executive Board, stated that the digital euro will offer the highest level of privacy supported by current technology, with offline payments visible only to the payer and payee, while in online transactions, participating banks will still have access to information required for anti-money laundering compliance. (Forbes Digital Assets)

Solana Governance Vote Passes Emission Reduction Proposal, 1.5% Issuance Floor Brought Forward to 2029

Odaily News: Solana validators have completed the network's first binding on-chain governance vote. Proposal SGP-0002 "Double Disinflation" passed with 67.0% support, slightly above the 66.67% threshold required for approval. During the voting period, cryptocurrency exchange Kraken had consistently voted against the proposal but switched to a supporting vote at the last moment.The proposal increases the annual disinflation rate of new SOL issuance from 15% to 30%, bringing the fixed 1.5% issuance floor forward to 2029, ahead of the original timeline of 2032. Over the next six years, approximately 18.9 million fewer SOL are expected to be issued.SGP-0001 "Solana Constitution" passed with 86.0% support by staked stake, officially establishing the framework for future governance voting mechanisms. Following the disinflation adjustment, staking yields are expected to decline from the current rate of approximately 5.25% to around 2.25% within three years.SGP-0003 "Resource and Inclusion Fee" did not pass, receiving 53.9% support, below the two-thirds threshold. The proposal had sought to split transaction fees into base inclusion fees and resource fees, while increasing the daily burn amount from approximately 650 SOL to a maximum of 9,000 SOL. (Decrypt)

HyperliquidNews Releases HIP-3 Source

HyperliquidNews stated on the X platform that the relevant information source is the HIP-3 page on Loris Tools.

trade.xyz and HPC Jointly Submit Letter to CFTC, Calling for a US Regulatory Path for Energy Perpetual Contracts and 24/7 Trading

Odaily News: trade.xyz stated on the X platform that it has jointly submitted a comment letter with @HyperliquidPC to the U.S. Commodity Futures Trading Commission (CFTC), calling for the establishment of a regulated U.S. market path for energy perpetual contracts and 24/7 trading. The company stated that during this year's crude oil market shock, the energy market remained open while the benchmark market was temporarily closed; on multiple weekends, trade.xyz became the primary venue for price discovery.The comment letter states that on February 28, the Middle East conflict disrupted energy exports from the region and unsettled global supply chains. During the oil market closure, U.S. airlines, refiners, and fund managers holding crude oil exposure lacked a regulated venue to respond until futures markets reopened on Sunday evening. On March 9, Brent crude prices approached $120 per barrel at one point, and jet fuel prices doubled within weeks.The comment letter states that during the first weekend following the conflict, market participants outside the U.S. were able to manage crude oil exposure through the crude oil perpetual contract on Hyperliquid; from Friday's close until the benchmark market reopened, approximately two-thirds of the price movement had already occurred on-chain.The CFTC has previously allowed the first batch of digital asset-backed perpetual contracts to trade as futures on U.S. exchanges, and is soliciting comments on issues related to energy perpetual contracts, including contract design, reference prices, market integrity, clearing, customer protection, and continuous trading.The comment letter states that trade.xyz is the first and largest third-party perpetual contract market deployment on Hyperliquid, and its WTI, Brent crude, and Henry Hub natural gas markets have accumulated a total trading volume exceeding $500 billion since their launch in October 2025. The comment letter further states that in its research sample, during approximately 75% of weekend market closures, the weekend price of the crude oil perpetual contract was closer to the benchmark market's Friday close than the benchmark market's Sunday reopen price; since the launch of the crude oil perpetual contract, CME WTI reopening quality has not shown statistically significant deterioration.The comment letter recommends setting asset-class-specific leverage limits for U.S. market participants engaging in energy commodity perpetual contracts, disclosing funding rates and liquidation mechanisms in plain language, and implementing other market integrity safeguards, while also allowing compliant markets to use on-chain infrastructure for trade execution, margin management, clearing, settlement, and recordkeeping.

Core Lightning releases emergency security update, all node operators advised to upgrade immediately

Odaily News: Bitcoin News posted on X platform that Core Lightning version 26.06.7 has been released, fixing multiple vulnerabilities that were responsibly disclosed over the past three weeks. Recently, there has been an increase in AI-generated security reports targeting open-source Bitcoin projects. Specific vulnerability details will be kept confidential for two weeks to allow node operators to complete upgrades before technical details and source code are published. Developers warned that immediately disclosing the fixes could allow attackers to reverse-engineer the vulnerabilities and attack nodes that have not yet been updated. All Core Lightning node operators should upgrade immediately. Docker images are not yet available, and developers have explicitly warned users not to wait for the Docker image.

Hyperliquid HIP-4 permissionless deployment will be enabled in the next network upgrade

Odaily News: HyperliquidNews stated on the X platform that HIP-4 permissionless deployment will be enabled in the next network upgrade.

Charles Schwab Plans to Add Solana, Avalanche, and Chainlink Trading in the Coming Months

Odaily News Financial services company Charles Schwab has announced plans to add Solana, Avalanche, and Chainlink to its cryptocurrency trading platform in the coming months, though a specific launch date has not yet been announced. The platform began offering direct Bitcoin and Ethereum trading to select eligible retail clients in May 2026.Clients can buy and sell these cryptocurrencies through the company's website, mobile app, and the thinkorswim trading platform, with a fee of 0.75% per transaction, equivalent to $7.50 for a $1,000 trade. Previously, clients primarily gained exposure to cryptocurrencies through exchange-traded products and shares of companies such as Coinbase and Strategy.Joe Vietri, Head of Digital Assets at Charles Schwab, stated that this expansion will increase options for clients to allocate digital assets. CEO Rick Wurster indicated in 2025 that the company is exploring the launch of a U.S. dollar-pegged stablecoin, though no related product has been announced to date. (Decrypt)

Bullish Provides $100 Million GPU-Secured Loan to USD.AI

Bullish is providing a $100 million stablecoin debt facility to USD.AI under Permian Labs to support AI compute loans collateralized by GPU hardware, and plans to issue the sUSDai token.

Coinbase Builds AI "Digital Teammate" CEEcil: Long-Term Memory, Proactive Follow-Ups, and Autonomous Judgment

Odaily News - Coinbase has disclosed the architecture and application of its internal AI system "CEEcil." This system is not a simple chatbot but is designed as an AI agent that functions like a "team member." It can be mentioned in Slack, and possesses long-term memory, proactive follow-up, and judgment capabilities.CEEcil retains team context through a three-tier memory mechanism: in the background, it continuously extracts information such as decisions, blocked items, and owners from authorized channels; each night, it consolidates short-term observations into long-term summaries; and when answering questions, it retrieves historical memories, recent conversations, and real-time data on demand. The system also adopts a tiered model architecture, where simple queries are prioritized for processing via APIs or knowledge bases, and only complex, multi-step tasks are delegated to more powerful AI models, thereby reducing cost and latency.In practical applications, CEEcil can proactively join relevant Slack discussions, send emoji reactions, and automatically follow up when issues go unaddressed. Coinbase states that the system also once refused to submit operational documents containing customer identity information to Git, suggesting the use of redacted versions or compliant storage methods instead—demonstrating a certain level of security judgment.Architecturally, CEEcil consists of a Go service and an AI agent runtime, and connects to tools such as memory retrieval, knowledge bases, real-time queries, and Slack via MCP. Coinbase also has set up a real-time "kill switch," call limits and spending caps, audit mechanisms, and requires human review and merging of the code it generates.Coinbase says CEEcil is now able to help teams handle production incidents and answer expert knowledge that previously would have required waiting hours to obtain. In the future, the company hopes to expand this model into multiple AI agents tailored to specific teams, enabling AI not only to "answer questions" but also to continuously remember, proactively participate, and complete actual work.

Bybit Launches Dedicated Grid Trading Campaign Targeting BTC’s Ranging Market to Facilitate Automated Swing Trading

Bybit will launch the "Grid Trading: Capture Swing Moves, Follow Trends" campaign from August 28 to September 14.

a16z launches $1.1B Machine Age Fund, betting on AI hardware and infrastructure

Odaily News: a16z announced the closing of its new fund, Machine Age Fund, with $1.1 billion in funding, focused on investing in the hardware and infrastructure that powers AI, including chips, memory, networking, storage, as well as complete systems such as data centers, robotics, and home AI devices.a16z noted that surging AI demand and compute density are pushing existing supply chains and physical and computational architectures to their limits. Rack power is rising from 5-10kW to 100-250kW, and is expected to reach 1MW within three years, while data center scales are expanding toward hundreds of megawatts and even gigawatt-class campuses. The fund will target higher compute density, cheaper high-bandwidth memory, faster interconnects, low-power edge devices, as well as supporting cooling, power, and real estate infrastructure, to back a new generation of AI hardware startups.

Financial World Model De¹ Secures YZi Labs Investment to Build Agent-Driven On-Chain Finance on BNB Chain

According to official announcements, the financial world model project De¹ has secured investment from YZi Labs. This round of funding marks the starting point for establishing AI-native on-chain finance within the BNB Chain ecosystem. De¹ will collaborate with YZi Labs to define how AI agents interact in real-world market environments. The project stated that details on how users can participate in the financial world model will be announced in the near future, with further information to be released through official channels.

Jio Platforms Gets IPO Green Light, Once Launched Polygon Ecosystem Token JioCoin

Odaily News - Jio Platforms, the digital and telecommunications arm of billionaire Mukesh Ambani's Reliance Industries, has received regulatory approval, clearing a key hurdle for its long-anticipated initial public offering (IPO). According to the Securities and Exchange Board of India (SEBI) website, the regulator issued a letter of observation to Jio Platforms during the week ending August 28, indicating that the company has been permitted to proceed with the IPO process. (Bloomberg)Jio Platforms' listing plans have drawn significant market attention. Last year, the company launched JioCoin, a reward token built on the Polygon blockchain. Community users have reported that the token has been integrated into Jio's web browser, JioSphere.

Bybit Launches Perp Options: Industry-First Stock Perpetual Contract Options, SpaceX and NVIDIA Available at Launch on Sept 17

Bybit announced the launch of Perp Options, the industry's first options product based on stock perpetual contracts, connecting crypto trading accounts directly to US equity derivatives. The initial underlying assets, SPCX (SpaceX) and NVDA (NVIDIA), will officially go live for trading at 20:00 UTC on September 17, 2026.

Gate Contract Stock Zone will debut listing 4 perpetual contract trades including DJT (Trump Media & Technology Group)

Odaily News, According to official sources, Gate's Contract Stock Zone will debut the listing of perpetual contract trades (USDT settled) for DJT (Trump Media & Technology Group), RAM (Roundhill T-REX 2x Long DRAM Daily Target ETF), TEM (Tempus AI), and MARA (Marathon Digital Holdings) at 20:00 (UTC+8) on August 28, supporting 1-20x leverage.